The percentage of Indian students studying abroad constitute 55% alone for the universities of USA and Canada. Since education in foreign universities is expensive, almost all students find an alternate source of funding to compensate the expenditures. Given in this article, are the funding options for overseas education in terms of scholarships offered by popular universities of USA and Canada.
While studying in the USA, the average annual tuition fees for a master’s degree can range from $15000 to $30,000. To support international students financially, many high and mid-ranked universities promote scholarship schemes. Following are the three known universities and scholarships offered.
Oregon University Scholarships- This scholarship is provided by the university to graduate and undergraduate international students. ‘UO Excellence Scholarships’ grants $15,000 annually to students having 3.90 GPA on a 4.00 scale. ‘ICSP Tuition Scholarships’ is awarded as a tuition fee waiver based on financial need or academic merit.
UC Global Scholarship- The University of Cincinnati consider international students for the scholarship automatically. Students need not apply separately. It is awarded an amount of $10,000 per year and for the entire bachelor’s programme.
American University Scholarships- For academically excellent students, an amount ranging from $8,000 to $22,000 is granted for an entire undergraduate programme.
Did you know, around 572,415 international students enrolled for higher studies in Canada in 2018? Canadian universities offer high-quality education at a relatively lower tuition fee than the universities of USA and UK. Additionally, international students may apply for the popular scholarships to study overseas in universities of Canada.
A few of them are ‘Aga Khan Academy Renewable Scholarship’ and ‘International Entrance Scholarships’ offered by the University of Victoria to academically outshining students for UG courses.
The University of Guelph facilitates scholarship scheme called ‘Canada-ASEAN Scholarships and Educational Exchanges for Development’ (SEED) for students coming from ASEAN countries. The amount offered at an undergraduate and postgraduate level under this scheme ranges from CAD 10,200 to CAD 15,900 depending upon the academic tenure.
A list of some other scholarships for international students in Canada are-
• Entrance Scholarships
• ‘University of Regina International Entrance Scholarship’ provided by the University of Regina as an award of $200,000 annually to the undergraduate students.
• International Academic Excellence Award
• ‘Mathematics International Elite Awards’ and ‘Mathematics International Excellence Awards’ offered by the University of Waterloo exclusively to the Indian students pursuing Master’s in Mathematics.
• ‘International Master’s and Doctoral Student Awards’ is offered to international graduate students, again by the University of Waterloo.
• NYIT Scholarships is provided by the New York Institute of Technology to scholars.
Apart from scholarships, students can apply for study loan for abroad studies. For more help on financial aid for overseas education, please reach out to an authorized study abroad consultant. They assist you right from applying to an education institution abroad to education loan and visa process.
Hurry up before you miss the opportunity! Don’t forget to check the deadlines for scholarships!